Quality | 2009.10.13
Fitch Publishes Credit Card Movers & Shakers With August 2009 Performance
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has published \'Credit Card Movers & Shakers\' containing August 2009 performance. U.S. consumer credit quality measures worsened further last month as U.S. credit card chargeoff rates resumed their climb with a fifth record high in the last six months, according to the latest Credit Card Index results from Fitch. The increase in chargeoffs was widespread across the industry and reversed the one-month respite in the prior period. Index results show late
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